HNA/HNB - Results Second Quarter 2005
Highlights second-quarter 2005
* Operating profit of NOK 492 million - up NOK 135 million, a 38 percent increase.
* Profit after tax of NOK 255 million - up NOK 191 million.
* NOK 68 million gain on sale of Mjøskraft - NOK 612 million in capital freed up.
* Return on equity: 15.5 percent p.a. (up from 5.8 percent p.a.).
* High cash flow and trimmer balance sheet during the quarter.
For further comments and key figures please look to the enclosed report to the shareholders.